UK's Sainsbury's predicts flat profits as grocery price war heats up

NAMPA / DPA

2025-04-17

London (PA Media/dpa) - British supermarket chain Sainsbury's has indicated that profits will be flat over the next year as it faces intensifying competition from rivals on price and a surge in costs. It came as the UK's second largest supermarket chain reported that sales and profits grew over the year to March. The retailer said full-year sales, excluding fuel, rose by 4.2% to £26.6 billion ($35.2 billion) as it increased its share of the UK gr......

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